KEY PERSON BUYS SHARES IN CENTRAL ASIA GOLD


Lars Guldstrand, Chairman in Central Asia Gold AB ("CAG"), has bought 24.000
shares in the company. After this, his holding in the company is 64.000 shares. 

For more information, please contact:

Chairman Lars Guldstrand, cell phone +46 705 28 81 81, email:
lars.guldstrand@centralasiagold.se 

MD Preston Haskell, tel: +46 768 90 55 49, fax: +46 (0)8 624 37 20, e-mail:
preston.haskell@centralasiagold.se, website: www.centralasiagold.se, Postal and
visiting address: Engelbrektsplan 2, 4 tr., SE-114 34 Stockholm 


Central Asia Gold AB is a Swedish mining company focused on gold production and
exploration in Russia in the central parts of Asia. The gold production was
initiated in late January 2005 and the assets were as at end of 2008 estimated
to encompass some 800,000 troy ounces (1 troy ounce = 31.1 g) of C1/ C2 Russian
gold reserves. 


Cautionary Statement: Statements and assumptions made in this report with
respect to Central Asia Gold AB's ("CAG") current plans, estimates, strategies
and beliefs, and other statements that are not historical facts, are
forward-looking statements about the future performance of CAG. Forward-looking
statements include, but are not limited to, those using words such as "may",
"might", "seeks", "expects", "anticipates", "estimates", "believes",
"projects", "plans", strategy", "forecast" and similar expressions. These
statements reflect management's expectations and assumptions in light of
currently available information. They are subject to a number of risks and
uncertainties, including, but not limited to, (i) changes in the economic,
regulatory and political environments in the countries where CAG operates; (ii)
changes relating to the geological information available in respect of the
various projects undertaken; (iii) CAG's continued ability to secure enough
financing to carry on its operations as a going concern; (iv) the success of
its potential joint ventures and alliances, if any; (v) exchange rates,
particularly between the Russian rouble and the U.S. dollar. In the light of
the many risks and uncertainties surrounding any gold production and
exploration company at an early stage of its development, the actual results
could differ materially from those presented and forecast in this report. CAG
assumes no unconditional obligation to immediately update any such statements
and/or forecasts. 

Anhänge

091208_key person buys shares in central asia gold.pdf